Katipult Technology (Katipult Technology) Total Assets : $0.90 Mil (As of Sep. 2023)

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What is Katipult Technology Total Assets?

Katipult Technology's Total Assets for the quarter that ended in Sep. 2023 was $0.90 Mil.

Warning Sign:

If a company builds assets at 17.8% a year, faster than its revenue growth rate of 5.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Katipult Technology's average Total Assets Growth Rate was -68.90% per year. During the past 3 years, the average Total Assets Growth Rate was 43.20% per year. During the past 5 years, the average Total Assets Growth Rate was 17.80% per year.

During the past 7 years, Katipult Technology's highest 3-Year average Total Assets Growth Rate was 43.20%. The lowest was -9.00%. And the median was 2.05%.

Total Assets is connected with ROA %. Katipult Technology's annualized ROA % for the quarter that ended in Sep. 2023 was -52.44%. Total Assets is also linked to Revenue through Asset Turnover. Katipult Technology's Asset Turnover for the quarter that ended in Sep. 2023 was 0.49.

Katipult Technology Total Assets Historical Data

The historical data trend for Katipult Technology's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Katipult Technology Total Assets Chart

Katipult Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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1.95

1.49

0.75

2.01

1.25

Katipult Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															1.33	1.25	1.33	1.30	0.90

Katipult Technology Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Katipult Technology's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	-2.534	+	3.78
	=	1.25

Katipult Technology's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-3.601	+	4.499
	=	0.90

Katipult Technology (OTCPK:KTPPF) Total Assets Explanation

Total Assets is connected with ROA %.

Katipult Technology's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-0.576	/	( (1.298	+	0.899)	/ 2 )
	=	-0.576	/	1.0985
	=	-52.44 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Katipult Technology's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0.533	/	( (1.298	+	0.899)	/ 2 )
=	0.533	/	1.0985
=	0.49

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Katipult Technology Total Assets Related Terms

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Katipult Technology (Katipult Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Katipult Technology Corp (OTCPK:KTPPF) » Definitions » Total Assets

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Traded in Other Exchanges

K10:Germany FUND:Canada

Address

144 - 4th Ave SW, Suite 1600, Calgary, AB, CAN, T2P 3N4

Website

https://www.katipult.com

Katipult Technology Corp is engaged in providing enterprise software and software-related services. It operates as a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform. The platform includes modules for various user types, including investors, issuers, administrators, and auditors, among others. It generates subscription revenue and integration revenue. Subscription revenue consists of monthly recurring SaaS revenue earned by providing access to the Platform whereas Integration revenue consists of revenue arising from the provision of regulatory consulting, marketing consulting, and customization services to clients. It has a business presence in Canada, the U.K., and other countries.

Katipult Technology (Katipult Technology) Headlines

From GuruFocus

Katipult Announces Question and Answer Seminar with CEO Brock Murray

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